4.14 Monday, Bitcoin latest market analysis

In the early morning, Bitcoin first rose to a high of 84999, then quickly dropped to a low of 82999, followed by a period of consolidation. Meanwhile, Ether swiftly rose to a high of 1648, then fell back to a low of 1559, before entering a consolidation phase.
On the 4-hour chart, the market has undergone a wave of fluctuating downward structure from yesterday morning to this morning, accompanied by intense competition between bulls and bears, with a prolonged adjustment period near key levels. In terms of technical indicators, the Kdj three lines are diverging downwards, and the MACD has formed a death cross, indicating that there is still room for a pullback on the lower side during the day. The upper track is turning, and the resistance for upward movement is very strong, making it difficult to break through 85000, and the short-term bulls will be suppressed again. On the hourly chart, the recent hourly line has left long shadows on both sides, indicating that the competition between bulls and bears is also quite fierce in a short period. The bag is moving downwards, and in terms of technical indicators, the Kdj has shown a trend of turning upwards, coupled with a significant reduction in trading volume at low levels, indicating that market sentiment remains strong.
Morning short-term Bitcoin reference buy around 83000, target 85000; Ether reference buy around 1580, target 1650.
#行情震荡，做空还是做多？